What's really up w/the bank stress tests?....This alleged return to profitability seems faux

[marmar]

Bank of America needs $34 billion, report says
By Michael Kitchen


LOS ANGELES (MarketWatch) -- Bank of America Corp. will need an additional $34 billion in capital, according to the results of a government stress test, Reuters reported late Tuesday, citing an unnamed source familiar with the results. A Bank of America spokesman declined comment, the report said.


http://www.marketwatch.com/news/story/Bank-America-needs-34-billion/story.aspx?guid=%7B1BD8512F%2DE9A4%2D4245%2D9476%2D9CE2751BE4FC%7D

[MannyGoldstein]

1. The Folks Running It Think Much Of The Downturn Is Psychological

a la Phil Graham.

If people regain confidence, things will turn around.

[msongs]

2. banks need to raise more $$?? RAISE interest rates on deposits!! nt

[DJ13]

3. F That

Nationalize the bastards!